Economy, asked by sergiojr9282, 10 months ago

Show the condition of consumers equilibrium with the help of utility analysis

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Answered by Gauti7777

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the condition of consumer's equilibrium with the help of utility analysis. Consumer's Equilibrium in case of Single Commodity: The Law of Diminishing marginal utility can be used to explain consumer's equilibrium in case of a single commodity. ... Expected utility (Marginalutility) from each successive unit.

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